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In the ever-changing and fast-paced world of cryptocurrencies, market volatility is a constant reality. The cryptocurrency market has experienced a significant decline over the past 24 hours, sending shockwaves throughout the industry. Several popular digital assets have experienced price declines that have attracted the focus of traders and enthusiasts.Stellar (XLM), a renowned cryptocurrency known for its decentralized payment protocol, has witnessed a decline of 10.19% in the past 24 hours, with the current price at $<a href="https://coinmarketcap.com/currencies/stellar/" rel="noopener noreferrer nofollow">0.133958</a>. A strong bearish momentum triggered the sudden drop in value, resulting in a sharp decrease from its previous high of $0.1518. A significant liquidation amount of about <a href="https://www.coinglass.com/currencies/XLM" rel="noopener noreferrer nofollow">1.84</a> million XLM short- and long-term tokens has been documented within this timeframe.XRP, a prominent cryptocurrency ranked fifth by <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">CoinMarketCap</a>, has also experienced a decline of 5.87% within the last 24 hours, bringing its price down to $0.727035. The trading volume for XRP has decreased by 56.07% during this period, following a fall from its weekly high of $0.8034. The total liquidation amount, encompassing both long-term and short-term positions, reached approximately 19.07 million XRP tokens.Fantom (FTM), another notable cryptocurrency, has witnessed a similar fate, with the price dropping  by 9.22% in the past 24 hours. After hitting a high of $0.3165 on the previous day, bearish pressure drove the market downwards. The liquidation amount within the last 24 hours stands at around $952.87K, encompassing both short and long-term liquidations.Read full article at <a href="https://cryptotale.org/cryptocurrencies-experience-sharp-declines-in-24-hours-liquidation-soars/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Cryptocurrencies Experience Sharp Declines in 24 Hours, Liquidation Soars

CryptoTale

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